Free market report
The StuyTown & Peter Cooper Village Rent Report
Based on 2,338 tracked lease outcomes across 5 properties, January 2026 – September 2026. Every figure below reflects how listings actually resolved — not what they asked.
6 days
Median time on market before a unit leases.
34%
Lease within three days of listing.
23%
Ever reduce the asking price before leasing.
This market moves faster than people expect
Half of all tracked units left the market within 6 days. 34% were gone within three days, 53% within a week, and 74% within a month. For a renter, that means the practical decision window on a well-priced apartment is measured in days, not weeks.
Waiting for a price drop usually doesn't work
Only 23% of listings reduced their asking price before leasing. The other 77% leased at or near their original ask. Among the listings that did cut, the median reduction was 4.1%.
The practical implication runs against common advice: holding out for a discount on a well-priced unit is a losing strategy here, because the unit is more likely to be leased by someone else than to be marked down. Price cuts concentrate in listings that were overpriced to begin with — which is why comparing an ask against its own history matters more than waiting.
Of the leases tracked, 446 were relisted units — an apartment that had previously failed to lease. Relisting is the strongest publicly visible signal that an ask was above what the market would pay.
What apartments actually leased for
Median and typical range (25th–75th percentile) of tracked lease outcomes. Layouts with fewer than eight outcomes are omitted rather than shown with a misleading median.
| Property | Layout | Typical range | Median | Median days | Outcomes |
|---|---|---|---|---|---|
| 8 Spruce | Studio | $4,175 – $4,696 | $4,446 | 10 | 64 |
| 8 Spruce | 1 BR | $5,856 – $6,893 | $6,329 | 8 | 115 |
| 8 Spruce | 2 BR | $9,823 – $11,494 | $10,696 | 7 | 42 |
| 8 Spruce | 3 BR | $16,597 – $17,472 | $16,841 | 4 | 8 |
| Kips Bay Court | Studio | $4,130 – $4,429 | $4,222 | 8 | 57 |
| Kips Bay Court | 1 BR | $4,656 – $5,470 | $5,007 | 10 | 100 |
| Kips Bay Court | 2 BR | $6,144 – $6,704 | $6,418 | 13 | 73 |
| Kips Bay Court | 3 BR | $8,138 – $8,904 | $8,453 | 7 | 45 |
| Kips Bay Court | 4 BR | $10,953 – $11,751 | $11,480 | 9 | 27 |
| Parker Towers | Studio | $2,650 – $2,894 | $2,797 | 8 | 71 |
| Parker Towers | 1 BR | $3,371 – $3,588 | $3,469 | 7 | 69 |
| Parker Towers | 2 BR | $4,215 – $4,618 | $4,358 | 12 | 59 |
| Parker Towers | 3 BR | $5,003 – $5,563 | $5,173 | 12 | 21 |
| Peter Cooper Village | 1 BR | $5,181 – $5,655 | $5,458 | 6 | 123 |
| Peter Cooper Village | 2 BR | $6,925 – $7,648 | $7,174 | 6 | 124 |
| Peter Cooper Village | 3 BR | $8,690 – $9,710 | $9,029 | 6 | 46 |
| Stuytown | 1 BR | $5,064 – $5,617 | $5,353 | 6 | 546 |
| Stuytown | 2 BR | $5,722 – $7,169 | $6,441 | 6 | 613 |
| Stuytown | 3 BR | $7,305 – $8,315 | $7,716 | 6 | 121 |
New listings cluster on Tuesday
Availability does not arrive evenly. Tuesday averages 25 new listings per day, against just 1.9 on Sunday — a difference of roughly 13×. Combined with a three-day median decision window, when you look matters nearly as much as what you look for.
Check your own apartment against this data
The fair-price check is free: enter a line and layout and see what comparable units actually leased for.
Methodology
StuyWatch records public listing data hourly and tracks how each listing resolves. A listing is counted as leased once it has been absent from the feed for seven consecutive days. “Days on market” is measured from first observation to last. Price reductions compare the first observed ask with the last, ignoring movements under 0.5% as rounding. Figures are StuyWatch estimates derived from observed listing behaviour, not official signed-lease records, and they describe advertised units only — they exclude renewals and rent-stabilized leases that never reach the open market.
Report generated September 15, 2026. Journalists and researchers are welcome to cite these figures with attribution to StuyWatch.
StuyWatch is independent and not affiliated with, endorsed by, or connected to Beam Living, StuyTown, Peter Cooper Village, or Blackstone.